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Real Estate News

W shaped pandemic recovery could see house prices fall by fifty percent CMHC

W shaped pandemic recovery could see house prices fall by fifty percent CMHC

The Canadian Mortgage and Housing Corporation says new risk assessments it conducted show a W shaped recovery from a pandemic could trigger a nearly fifty percent drop in housing prices and a peak unemployment rate of twenty five percent

Jan 25, 2021
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Pandemic housing boom means affordability is no longer just a big city problem

Pandemic housing boom means affordability is no longer just a big city problem

Canada housing market closed last year with a bang another record setting month for both home sales and prices

Jan 18, 2021
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Buying or selling  key projections for Canadian real estate in this year

Buying or selling key projections for Canadian real estate in this year

Human beings are obsessed with knowing the future

Jan 11, 2021
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Five Canadian Housing Market Predictions for Next Year

Five Canadian Housing Market Predictions for Next Year

It is safe to say that this year was a year like no other and as it draws to a thankful close it is time to start thinking about what is in store for Canada housing market in next year

Jan 05, 2021
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Toronto Real Estate Market Has Little Evidence of Overvaluation CMHC

Toronto Real Estate Market Has Little Evidence of Overvaluation CMHC

The Canada Mortgage and Housing Corporation says there is currently little evidence of overvaluation in the Toronto real estate market

Dec 28, 2020
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This is how much home prices in Toronto are expected to rise over the next year

This is how much home prices in Toronto are expected to rise over the next year

The price of homes in Toronto is set to keep on increasing if the latest expert predictions are at all accurate

Dec 22, 2020
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Why are young Canadians leaving the cities they love

Why are young Canadians leaving the cities they love

Take a trip go somewhere than to spend that money on a desk

Dec 14, 2020
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 How Covid will change the architecture of cities

How Covid will change the architecture of cities

Business of Design Week 2020 speakers on making them greener and less divided

Dec 08, 2020
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Toronto New Condo Prices Soar To Nearly One Million As Sales Drop thirty two percent

Toronto New Condo Prices Soar To Nearly One Million As Sales Drop thirty two percent

Toronto downtown core is experiencing a condo sales slump

Nov 30, 2020
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Canada House Price Index Has Hottest October On Record

Canada House Price Index Has Hottest October On Record

We could be in for a typical correction one analysis predicts

Nov 25, 2020
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Toronto is drastically cutting office space as remote work could become permanent

Toronto is drastically cutting office space as remote work could become permanent

Whether you love it or hate COVID has brought on a new reality for many people

Nov 16, 2020
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How the pandemic has turned downtown Toronto condos into challenging investments

How the pandemic has turned downtown Toronto condos into challenging investments

Under ordinary circumstances the investment plan seemed sound

Nov 10, 2020
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Canada House Prices Are Soaring Because Reality Does Not Matter Anymore To Things Like That

Canada House Prices Are Soaring Because Reality Does Not Matter Anymore To Things Like That

How is it that our stock markets and house prices look like this is the best of times

Nov 02, 2020
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Will second wave of COVID burst Toronto real estate bubble

Will second wave of COVID burst Toronto real estate bubble

A lot has happened since that fateful Friday the 13th in March.

Oct 26, 2020
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Toronto Is Getting Self Driving Shuttles To Make Your Commute Way Faster This Spring

Toronto Is Getting Self Driving Shuttles To Make Your Commute Way Faster This Spring

Your commute could soon involve rides around Toronto in a self-driving car

Oct 19, 2020
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How Will the Second Wave of the Pandemic Affect Toronto Real Estate

How Will the Second Wave of the Pandemic Affect Toronto Real Estate

How will second wave of the pandemic this fall and winter affect people’s desire and ability to buy homes

Oct 14, 2020
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Real estate market going through recalibration of supply demand

Real estate market going through recalibration of supply demand

Collaboration with agents who are good at their job make me better at mine

Oct 07, 2020
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Detached house prices in Toronto are still lower than peak in 2017

Detached house prices in Toronto are still lower than peak in 2017

Zoocasa reports that despite a record-breaking summer for Toronto house prices, the demand for detached homes is still tempered

Sep 29, 2020
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Detached house prices in Toronto are still lower than peak in 2017

Detached house prices in Toronto are still lower than peak in 2017

Zoocasa reports that despite a record-breaking summer for Toronto house prices, the demand for detached homes is still tempered

Sep 29, 2020
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Toronto top experts cast predictions for the fall real estate market

Toronto top experts cast predictions for the fall real estate market

Our all star panel weighs in on the season most pressing questions

Sep 22, 2020
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Mortgaging the future

Mortgaging the future

Why people are leaving the big city and Toronto real estate

Sep 15, 2020
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Toronto considering ambitious homeless housing plan in wake of COVID 19 pandemic

Toronto considering ambitious homeless housing plan in wake of COVID 19 pandemic

Toronto is considering an ambitious new plan to combat homelessness as the COVID-19 pandemic continues to exacerbate the issue.

Sep 08, 2020
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Downtown Toronto condo rental listings jumped 80 per cent

Downtown Toronto condo rental listings jumped 80 per cent

Despite a huge increase in condo supply and declining demand, Toronto realtors are confident home prices will keep rising in 2020

Aug 31, 2020
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Toronto real estate hits another all time high in July

Toronto real estate hits another all time high in July

A new report suggests potential Toronto home buyers have doubled during the COVID-19 pandemic

Aug 12, 2020
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US Federal Reserve Canadian Real Estate Buyers Returned To Exuberance Before Pandemic

US Federal Reserve Canadian Real Estate Buyers Returned To Exuberance Before Pandemic

Canadian real estate buyers were heading all-in before the pandemic struck.

Aug 05, 2020
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Cottage country real estate is booming as Toronto residents looking to leave the city in droves

Cottage country real estate is booming as Toronto residents looking to leave the city in droves

Ontario’s cottage country real estate is seeing a boom since the COVID-19 pandemic took hold as city-dwellers look to the great outdoors for more space.

Jul 21, 2020
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Toronto real estate market is rebounding fast as pandemic restrictions lift

Toronto real estate market is rebounding fast as pandemic restrictions lift

Home sales are surging in Toronto once again this summer after a brief yet steep drop due to COVID-19

Jul 14, 2020
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Waterfront Toronto ditches Sidewalk Labs vision of high tech sensor driven smart district at Quayside

Waterfront Toronto ditches Sidewalk Labs vision of high tech sensor driven smart district at Quayside

Waterfront Toronto is ditching the vision of the high-tech, sensor-driven smart district that Sidewalk Labs wanted to create on Toronto’s eastern waterfront.

Jul 06, 2020
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Suburbs Boom Toronto Fizzles As World s Major Cities Witness A Pandemic Exodus

Suburbs Boom Toronto Fizzles As World s Major Cities Witness A Pandemic Exodus

The question is will people come back when the pandemic is behind us?

Jun 29, 2020
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Pandemic puts strength of TO real estate market on display

Pandemic puts strength of TO real estate market on display

Some analysts suggest that this is further proof of its seemingly eternal strength and resiliency.

Jun 22, 2020
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Nearly half of prospective home buyers willing to consider virtual showings amid COVID 19

Nearly half of prospective home buyers willing to consider virtual showings amid COVID 19

Nearly half of Ontarians who plan to buy a home in the next two years say that they are willing to consider going ahead with a purchase even if they can only view the property virtually

Jun 16, 2020
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Ford s 11B Ontario Line likely won t be completed by 2027 source says

Ford s 11B Ontario Line likely won t be completed by 2027 source says

“I’d be lying to you if I said (the 2027 completion date) wasn’t challenged.”

Jun 09, 2020
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Here is where rent prices are dropping the most in and around Toronto

Here is where rent prices are dropping the most in and around Toronto

it's a great time to be looking for a new place in Toronto at least in comparison to where we were at this time last year

Jun 02, 2020
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34 percent of Torontonians Still Say They Want to Buy a Home in the Next Twelve Months

34 percent of Torontonians Still Say They Want to Buy a Home in the Next Twelve Months

Regardless of unpredictability the COVID pandemic has caused for Torontos real estate market residents are still interested in buying a new home in the months ahead according to the new survey from Toronto Regional Real Estate Board

May 31, 2020
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Loaded with cash real estate investors wait for sellers to crack

Loaded with cash real estate investors wait for sellers to crack

Sellers are currently willing to concede discounts of around 5 per cent while bidders are hoping for about 20 per cent off pre-pandemic prices

May 25, 2020
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Some companies are killing the office for good and it could transform the way we live

Some companies are killing the office for good and it could transform the way we live

The pandemic has forced companies to make crisis decisions and forced a lot of executives to see that remote working is a viable choice

May 19, 2020
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What Can We Learn From the Failed Smart City Development Project in Canada

What Can We Learn From the Failed Smart City Development Project in Canada

It was not just a mess but an obvious mess

May 11, 2020
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Canadian banks expected to tighten home equity line of credit access as aid measures wind down

Canadian banks expected to tighten home equity line of credit access as aid measures wind down

Banks may clamp down on HELOCs to reduce the risk of spikes in sour loans which the banks are already bracing for

May 04, 2020
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Grassroots initiative helps find low cost rentals for frontline workers during pandemic

Grassroots initiative helps find low cost rentals for frontline workers during pandemic

Property owners are offering up short term accommodations at reduced prices to nurses doctors and long term care staff

Apr 27, 2020
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The hit to Torontos finances from COVID19 is scary Heres what it means for the average homeowners property tax

The hit to Torontos finances from COVID19 is scary Heres what it means for the average homeowners property tax

According to the city the COVID19 outbreak and response is costing Toronto 65 million dollars each week through a mixture of lost revenue and increased spending

Apr 20, 2020
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We saw a major shift How did Covid19 impact the real estate market We asked TREBs senior analyst

We saw a major shift How did Covid19 impact the real estate market We asked TREBs senior analyst

TREBs senior analyst tells us how the pandemic has affected the real estate market

Apr 14, 2020
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Will COVID19 have an impact on the housing market heres what RBC thinks

Will COVID19 have an impact on the housing market heres what RBC thinks

A report from RBC explains whether COVID19 will have an impact on the housing market

Apr 06, 2020
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Prices continue to soar in Toronto real estate market despite COVID19 crisis

Prices continue to soar in Toronto real estate market despite COVID19 crisis

Toronto residents Mike and Andrée Sullivan are selling their century home after 27 years. Despite the COVID-19 pandemic, the city’s real estate market is showing few signs of slowing down.

Mar 30, 2020
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Pre construction purchase from a builder

Pre construction purchase from a builder

An overview of the process of buying what is known as pre construction from the builder.

Mar 29, 2020
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Canadian banks slash prime rates again to 3 percent the lowest since 2017

Canadian banks slash prime rates again to 3 percent the lowest since 2017

The shrinking of margins by lower rates is set to combine with a potential recession to create a bleaker-than-expected year for Canadian lenders, investors and analysts said.

Mar 23, 2020
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Short term rentals pinched by coronavirus fears

Short term rentals pinched by coronavirus fears

Short-term rental companies that lease homes and condo units may be uniquely exposed to the fallout of the coronavirus outbreak.

Mar 16, 2020
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Virus driven interest rate cut could add kerosene to Canadas already hot housing market

Virus driven interest rate cut could add kerosene to Canadas already hot housing market

Market poised for a hot spring — with lower mortgage rates likely to offset any major drag from the coronavirus

Mar 09, 2020
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Rock stars of construction in high demand in Toronto North Americas fastest growing city

Rock stars of construction in high demand in Toronto North Americas fastest growing city

Demand for crane operators is soaring in and around Toronto where about 120 cranes rise from projects across the metropolitan area

Mar 02, 2020
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CMCH says Unstoppable condo sales put Toronto market at risk of overheating

CMCH says Unstoppable condo sales put Toronto market at risk of overheating

Condos are driving much of the momentum in the local real estate market, with the Toronto real estate board forecasting a further 10 per cent rise in condo prices this year.

Feb 24, 2020
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Time to get serious about Torontos homelessness crisis

Time to get serious about Torontos homelessness crisis

A year after encampments sprung up under the Gardiner, the war of words between housing activists and City Hall reaches a tipping point in the city's most marginalized neighbourhood

Feb 18, 2020
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Drive until you qualify Mortgage stress test forces homebuyers further outside GTA to find house they can afford

Drive until you qualify Mortgage stress test forces homebuyers further outside GTA to find house they can afford

TREB survey finds buyers had to adjust their expectations last year just as it expects home prices to rise nearly 10 per cent this year

Feb 10, 2020
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How Will Coronavirus Affect Canadian Real Estate

How Will Coronavirus Affect Canadian Real Estate

MortgageCalculator is the industrys leading Financial Planning Tool that is designed to help real estate buyers compare current mortgage rates of multiple Canadian financial institutions

Feb 03, 2020
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Could splitting mortgage costs with investors make housing more affordable Canadas top banker believes it would

Could splitting mortgage costs with investors make housing more affordable Canadas top banker believes it would

Poloz has pointed out a need for banks and financial services in Canada to think more creatively about risk sharing and mortgages

Jan 27, 2020
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Construction of rental apartments at the highest level since the 1970s

Construction of rental apartments at the highest level since the 1970s

Urbanations Shaun Hildebrand said a total of Sixty Nine Thousand Five Hundred Sixty Four apartments were under construction or proposed for development by the end of 2019 but it will take time for those to become occupied

Jan 20, 2020
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Mortgage rates fall further as buyers rush into the first open houses of 2020

Mortgage rates fall further as buyers rush into the first open houses of 2020

The average rate on the 30-year fixed mortgage fell to the lowest level since October this week, at 3.69%, according to Mortgage News Daily. That has an already competitive housing market heating up even more.

Jan 14, 2020
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Canadian recession not expected in 2020 despite uncertainties

Canadian recession not expected in 2020 despite uncertainties

A recession is not expected in Canada this year despite a number of global uncertainties and trade tensions, according to a top Scotiabank economist, but growth will likely remain unexceptional

Jan 07, 2020
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Things are looking up for real estate markets heading into 2020

Things are looking up for real estate markets heading into 2020

After a disappointing 2018 when housing prices and sales declined 2019 has been a year of resilience for housing markets across most of Canada

Dec 30, 2019
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Ontario federal government make One billion four hundred million dollars housing deal to help low income renters

Ontario federal government make One billion four hundred million dollars housing deal to help low income renters

Torontos low income renters may soon get some relief from the citys overheated market following the announcement of one billion four hundred million dollars rental housing benefit cofunded and agreed on by the provincial and the federal governments

Dec 23, 2019
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Raising taxes to build Toronto is not just good it is necessary

Raising taxes to build Toronto is not just good it is necessary

Mayor John Torys plan to increase property taxes is good news for Toronto

Dec 16, 2019
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Millennials Expected to Bolster Canada s Real Estate Market Next Year

Millennials Expected to Bolster Canada s Real Estate Market Next Year

Price increases of about three percent across the country have been predicted

Dec 09, 2019
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Heres one thing you should be shopping for this holiday season

Heres one thing you should be shopping for this holiday season

This is the best time of year to make one big ticket purchase new data suggests

Dec 02, 2019
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How the portrait of a first time home buyer has changed since the stress test

How the portrait of a first time home buyer has changed since the stress test

One in four buyers say they had to cut back on expenses rely more on savings and buy a smaller home

Nov 25, 2019
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Canada needs to ditch its addiction to real estate and start investing in technology

Canada needs to ditch its addiction to real estate and start investing in technology

Tech companies make up only a paltry five per cent of Canada’s biggest exchange Of that just three stocks Constellation Software Shopify and CGL account for three quarters of the total value

Nov 18, 2019
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How a property survey could have prevented a pricey court judgment

How a property survey could have prevented a pricey court judgment

I am regularly surprised at how frequently a land survey is viewed as unnecessary when it could be considered the single most important document in a real estate transaction

Nov 11, 2019
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Mortgage stress test has not solved housing supply problem

Mortgage stress test has not solved housing supply problem

David Wilkes writes that an estimated 64 per cent of qualified buyers would return to the housing market if the mortgage stress test were adjusted

Nov 04, 2019
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Big losers in Canadian election could be foreign real estate speculators

Big losers in Canadian election could be foreign real estate speculators

New taxes for non-Canadian buyers supported by both Liberals and NDP

Oct 28, 2019
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Immigrant fuelled demand is helping to power Canadas housing market

Immigrant fuelled demand is helping to power Canadas housing market

As per a Royal Lepage Poll Immigrants buy twenty one per cent of houses and may purchase six hundred eighty thousand homes during the next five years

Oct 21, 2019
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Appraisals are no longer required on some home sales of four hundred thousand dollars and under

Appraisals are no longer required on some home sales of four hundred thousand dollars and under

Regulators raise appraisal threshold for first time since 1994

Oct 17, 2019
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Real estate is still the best investment you can make today millionaires say and here is why

Real estate is still the best investment you can make today millionaires say and here is why

Billionaire Andrew Carnegie famously said that 90 percent of millionaires got their wealth by investing in real estate and we wanted to know whether this is still true

Oct 08, 2019
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The Citys real estate plan makes sense if done right

The Citys real estate plan makes sense if done right

A plan at City Hall to reorganize the citys real estate holdings that could save taxpayers money looks good on paper

Sep 30, 2019
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Why and how I left my 610 dollar apartment in Toronto

Why and how I left my 610 dollar apartment in Toronto

I loved my apartment in Toronto

Sep 23, 2019
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This Toronto garage actually costs almost 600 thousand dollars

This Toronto garage actually costs almost 600 thousand dollars

Realtor calls it an interesting property that will no doubt draw demand

Sep 14, 2019
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Condos now cost more per square foot than a detached home

Condos now cost more per square foot than a detached home

Prices range from over 1000 dollars in Vancouver to just over 300 dollars in Calgary

Sep 06, 2019
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Feds target congestion at Bloor Yonge station as part of 1 Billion Dollar GTA transit investment

Feds target congestion at Bloor Yonge station as part of 1 Billion Dollar GTA transit investment

Six stations will also be added to existing GO Transit rail corridor

Aug 31, 2019
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GTA Market Update - Q4 2017

GTA Market Update - Q4 2017

The GTA market is showing signs of a rebound, with a 12% increase in resale volume in October and slight increase in prices

Dec 03, 2017
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Canada’s red hot real estate heats up apartment market to heights not seen in 30 years

Canada’s red hot real estate heats up apartment market to heights not seen in 30 years

Mar 09, 2017
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TD hikes mortgage rates for rental properties and lengthy loans

TD hikes mortgage rates for rental properties and lengthy loans

TD will start charging borrowers an extra 10 basis points or 0.1 per cent for all fixed rate mortgages that take more than 25 years to pay back. They will also be executing an extra cost for mortgages on rental properties, which will charge borrowers 25 basis points more.

Dec 14, 2016
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Ontario offers 1st-time homebuyers bigger tax break

Ontario offers 1st-time homebuyers bigger tax break

The Ontario Government is looking to double the maximum tax rebate that is offered to first-time homebuyers alongside raising the land-transfer tax on house purchases over $2 million.

Nov 19, 2016
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Recent News

  • W shaped pandemic recovery could see house prices fall by fifty percent CMHC W shaped pandemic recovery could see house prices fall by fifty percent CMHC
    On : Jan 25, 2021
  • Pandemic housing boom means affordability is no longer just a big city problem Pandemic housing boom means affordability is no longer just a big city problem
    On : Jan 18, 2021
  • Buying or selling  key projections for Canadian real estate in this year Buying or selling key projections for Canadian real estate in this year
    On : Jan 11, 2021
 

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